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Visa purchased Tink, a European bank account connection platform, in a move that highlights their willingness to keep up with open banking. This acquisition comes after antitrust regulators blocked Visa's planned acquisition of Plaid in the United States.
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“These open banking initiatives are gaining maturity and momentum very quickly and they are going to become a real alternative to the card infrastructure and the card networks,” said Hiroko Takeuchi, founder of GoCardless, a bank debt payments provider which works outside of card networks.
https://www.wsj.com/articles/visa-buys-swedish-fintech-tink-for-more-than-2-billion-11624528687
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